About your Search

20121227
20121227
Search Results 0 to 2 of about 3 (some duplicates have been removed)
's ruling could be calling that state's bluff. "piles of money" coming up. ♪ . ♪ . adam: i think bob dylan but i'm not sure that would date me, wouldn't it. yes it was bob dylan. now it could be the east coast and the gulf coast as well. the longshoreman's union is threatening to go on strike and analysts say it could be catastrophic for the fragile u.s. economy. 15 ports along the gulf and eastern seaboard could shut down in the next four days. as we speed toward the fiscal cliff, that is the last thing businesses nationwide need to threaten their bottom lines. here to explain what is at stake, jonathan gold, vice president of the national retail federation. thanks for joining us. last time we faced something like this, 2002, it took six months for u.s. economy to recover. the ports on the west coast were only closed for 10 is that accurate? >> adam, thanks very much for having me on. yes, the last time we had coast wide shut down was 2002. there was 10-day lockout. took six months to recover from. most economists say that lockout cost the u.s. economy about a billion dollars a day. adam:
continuing the bush tax cuts for under $500,000 a year. something they agree on. >> because of what bob's saying is they're worried some voters are going to look at that -- >> unaware of reality that they would confuse this week with next week in terms of the same results. >> governor norquist agrees with you. but some republicans especially in the house who are unwilling to make the plan "b" type deal. >> but in the end where do you think it's going to end up? $500,000? $600,000? >> it's going to be in the middle. closer to obama's $400,000. >> i think that's about right. sounds about like $400,000. >> which leaves out less than 2% of the people. >> absolutely. >> people say that's an average income. most people make about $40,000 a year. that's average. $40,000 and that's with three or four kids too. >> there's only a couple places in the country somebody would look at $400,000 and think it's extremely wealthy. >> even in washington, d.c. if you make $400,000 for a couple you're rich. >> this weekend the president's been a tough negotiator. as you said with republicans. i think he's b
Search Results 0 to 2 of about 3 (some duplicates have been removed)